Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 657, which is 72.33 % of all undergraduate students. 736 students which is 81.67% of undergraduate students received federal student loans and the average loan amount is $6,390.

For full-time, first-time beginning students (freshmen), 79.67% of students received grants or scholarships and 87% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table shows the trends of financial aid for all undergraduate students at Lincoln Technical Institute-Paramus since 2013.

For that period, the average number of students who received grants aid/scholarships is 657, which is 72.33 % of all undergraduate students. 736 students which is 81.67% of undergraduate students received federal student loans and the average loan amount is $6,390.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14659 (69%)$3,694653 (68%)$3,547791 (82%)$6,984
2014-15657 (70%)$3,676649 (70%)$3,524763 (82%)$6,101
2015-16589 (68%)$3,673581 (67%)$3,536712 (82%)$5,887
2016-17501 (65%)$3,614498 (65%)$3,427623 (81%)$5,935
2017-18511 (70%)$3,867502 (69%)$3,622625 (85%)$6,314
2018-19590 (72%)$3,902556 (68%)$3,897670 (82%)$6,804
2019-20771 (88%)$4,277587 (67%)$3,779746 (85%)$6,608
2020-21889 (81%)$3,949697 (64%)$3,782913 (84%)$6,182
2021-22743 (68%)$3,657642 (59%)$3,680784 (72%)$6,696
Average657 (72.33%)$3,812596 (66.33%)$3,644736 (81.67%)$6,390
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

For the last 10 years, on average, 288 (79.67 % of students) received grants or scholarships and its average amount is $4,385. It can cover 13.64% of tuition & fees ($32,134).

In addition, 323 (87.22 % of students) students get helped from the students loans (average amount : $7,513).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14354 (75%)$4,434416 (88%)$8,816
2014-15350 (76%)$4,435407 (88%)$7,471
2015-16317 (73%)$4,395378 (87%)$7,417
2016-17293 (72%)$4,148357 (88%)$6,971
2017-18303 (75%)$4,413362 (90%)$7,199
2018-19303 (74%)$4,519364 (89%)$7,504
2019-20275 (96%)$4,293244 (86%)$6,908
2020-21236 (97%)$4,289216 (89%)$7,337
2021-22161 (79%)$4,536165 (80%)$7,997
Average288 (79.67%)$4,385323 (87.22%)$7,513
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 271 (73.44 % of students) received Pell (federal) grants and its average amount is $4,198.

Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14350 (74%)$4,19068 (14%)$838--7 (1%)$6,558
2014-15343 (74%)$4,18092 (20%)$748--13 (3%)$3,820
2015-16313 (72%)$4,16688 (20%)$571--8 (2%)$4,890
2016-17292 (72%)$3,87595 (23%)$592--7 (2%)$3,939
2017-18296 (73%)$4,10794 (23%)$636--11 (3%)$5,604
2018-19300 (74%)$4,27264 (16%)$762--8 (2%)$4,862
2019-20215 (75%)$4,157244 (86%)$867--52 (18%)$1,450
2020-21186 (76%)$4,509172 (70%)$558--35 (14%)$2,215
2021-22145 (71%)$4,32842 (20%)$771--64 (31%)$1,100
Average271 (73.44%)$4,198107 (32.44%)$705--23 (8.44%)$3,826
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.

For the last 10 years, on average, 323 (87.22 % of students) get any students loan help and its average loan amount is $323.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14416 (88%)$8,816416 (88%)$8,52212 (3%)$10,191
2014-15407 (88%)$7,471407 (88%)$7,3177 (2%)$8,979
2015-16378 (87%)$7,417377 (87%)$7,3043 (1%)$16,670
2016-17357 (88%)$6,971357 (88%)$6,9133 (1%)$6,909
2017-18362 (90%)$7,199361 (89%)$7,0404 (1%)$16,107
2018-19364 (89%)$7,504364 (89%)$7,4363 (1%)$8,359
2019-20244 (86%)$6,908244 (86%)$6,8532 (1%)$6,741
2020-21216 (89%)$7,337216 (89%)$7,337--
2021-22165 (80%)$7,997165 (80%)$7,9282 (1%)$5,689
Average323 (87.22%)$7,513323 (87.11%)$7,4065 (1.38%)$9,956